USA/UK: PFIZER INC. ANNOUNCE CAPTURE OF PHARMACIA CORP. FOR $60 BILLION IN STOCK.

Record ID: 970427

  • Title: USA/UK: PFIZER INC. ANNOUNCE CAPTURE OF PHARMACIA CORP. FOR $60 BILLION IN STOCK.
  • Date: 15th July 2002
  • Summary: (U5) NEW YORK, NEW YORK, USA (FILE) (PFIZER VNR) 1. CU/ZOOM/GV/CU: PFIZER FLAG AND PULL OUT TO EXTERIOR OF BUILDING; CLOSE-UP OF PFIZER SIGN (3 SHOTS) 0.23 (U5) GROTON, CONNECTICUT, USA (FILE) (PFIZER VNR) 2. AV: AERIAL VIEW OF CENTRAL RESEARCH FACILITY 0.32 (U5) LONDON, UNITED KINGDOM (JULY 15, 2002) (REUTERS) 3. MCU: (SOUNDBITE) (English) DAVID BUIK OF CANTOR INDEX SAYING "One of the ingredients needed, apart from improved corporate credibility and improved sentiment in the market place with some decent earnings from this quarter, is to see some M and A [Mergers and Acquisitions] activity and there would be nothing like two really decent mega mergers to take place, to bring some sense of stability to the market place." 0.50 (U5) PEAPACK NEW JERSEY, USA (FILE) (PHARMACIA VNR) 4. CU/GV: CLOSE-UP OF PHARMACIA SIGN; WIDE OF PHARMACIA WORLD HEADQUARTERS (2 SHOTS) 1.00 (U5) GROTON, CONNECTICUT, USA (FILE) (PFIZER VNR) 5. MV/CU: VARIOUS OF PFIZER RESEARCHERS AT WORK (3 SHOTS) 1.20 (U5) LONDON, UNITED KINGDOM (JULY 15, 2002) (REUTERS) 6. MV: (SOUNDBITE) (English) DAVID BUIK OF CANTOR INDEX SAYING "The Bristol-Myers supposed acquisition by Glaxo four or five weeks ago was given a major thumbs down by market observers, basically because all it could see was a cost cutting exercise not really some real synergy of production of new drugs coming in which of course is really caused drug shares to fall so dramatically in the last four or five weeks." 1.41 (U5) GROTON, CONNECTICUT, USA (FILE) (PFIZER VNR) 7. CU/GV: VIAGRA PRODUCTION (3 SHOTS) 2.09 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 29th July 2002 13:00
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  • Location: NEW YORK, NEW YORK, GROTON, CONNECTICUT AND PEAPACK, NEW JERSEY, USA / LONDON, ENGLAND, UNITED KINGDOM
  • City:
  • Country: USA
  • Reuters ID: LVA6COU50ROXGQTMRTIJVQPY538T
  • Story Text:
  • Copyright Holder: REUTERS - SOURCE TO BE VERIFIED
  • Copyright Notice: (c) Copyright Thomson Reuters 2014. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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